ELALF (El AL Israel Airlines) Total Inventories : $21 Mil (As of Dec. 2024)

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What is El AL Israel Airlines Total Inventories?

El AL Israel Airlines's total inventories for the quarter that ended in Dec. 2024 was $21 Mil. El AL Israel Airlines's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. El AL Israel Airlines's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-4.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. El AL Israel Airlines's Days Inventory for the three months ended in Dec. 2024 was 2.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. El AL Israel Airlines's Inventory Turnover for the quarter that ended in Dec. 2024 was 31.53.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. El AL Israel Airlines's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.02.

El AL Israel Airlines Total Inventories Historical Data

The historical data trend for El AL Israel Airlines's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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El AL Israel Airlines Total Inventories Chart

El AL Israel Airlines Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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12.27

15.30

15.00

15.50

20.90

El AL Israel Airlines Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															15.50	16.00	15.60	18.60	20.90

El AL Israel Airlines Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

El AL Israel Airlines (OTCPK:ELALF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

El AL Israel Airlines's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1403.8	+	0.75 * 316.8	+	0.5 * 20.9	-	3848.5
-	0	-	-18.4)	/	447.246
=	-4.87

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

El AL Israel Airlines's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	19.75	/	622.8	*	365 / 4
	=	2.89

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

El AL Israel Airlines's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	622.8	/	19.75
	=	31.53

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

El AL Israel Airlines's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	19.75	/	851.2
	=	0.02

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

El AL Israel Airlines Total Inventories Related Terms

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El AL Israel Airlines Business Description

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ELAL:Israel

Address

PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001

Website

http://www.elal.co.il

El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.